Hello and welcome. I have drawn and abbreviated ethereum and its stances what can happen.
What is most likely to happen is it may again retrace back to its parallel channel and do a great move till $2050 where the channel finishes. Also we can see some fakeouts below, so idle buying range is here for a positional trade and soon may lift off! Need to sustain $1860 for more power
What is most likely to happen is it may again retrace back to its parallel channel and do a great move till $2050 where the channel finishes. Also we can see some fakeouts below, so idle buying range is here for a positional trade and soon may lift off! Need to sustain $1860 for more power
Comment:
Approaching to SMA so buying can be done here and movement looks more eminent